She and her husband needed a car to get her to dialysis five times every week. Because the couple did not have a lot of money, they had to go to a car dealer that offered financing regardless of credit history. Unsurprisingly, the terms were pretty painful: a 2007 Chevy with over 100,000 miles would cost the couple more than $21,000. The interest rate was 29 percent, which was almost six times the average.
Car repossession device can wreak havoc
Congress weighs bill to stop abusive debt collection calls
In recent days, there have been lawsuits filed by consumers seeking to protect themselves from robocalling. Now legislation has been reintroduced in the U.S. Congress to cut robocalling down even more.
The investment scam that was, but wasn't
For some of our readers delving into the below scam-related story, a famous quote attributed to President Lincoln might come readily to mind.
